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Bitcoin is an awful currency for illegal transactions. A permanent public ledger waiting for eventual de-anonymization sounds like a prosecutors dream. I never

• ragnese 6y ago
  A valid point and definitely something people should be aware of. It's disingenuous to call Bitcoin anonymous. On the other hand, "anonymous" is to some degree like computer "security". Secure against what threat? Anonymous to who? Paper money is certainly traceable to some degree. Plus it almost requires you to meet in person, where the other person in the transaction can see your physical appearance (or your proxy/accomplice's). Both mediums of exchange have similar risk profiles, but they are a little bit different. Not sure that I'd argue one is better than the other, generally. Depends on the use case.
• blaser-waffle 6y ago
  It's anonymous in the sense that I an use a craigslist-laptop bought with cash at coffeeshop wifi -- paying for that coffee in cash too -- and not have it traced back to me, John Doe. Plus there isn't any way to order 500 hits of acid from 3 timezones away in-person without a lot of issues. Lotta ID checks at the airport, and lots of cameras on highways. If something goes weird with the darknet shipment I walk, feign ignorance, burn the laptop. If I'm carrying drugs on a plane and get busted then it's on me, no question. But yeah, if you didn't pull good OpSec in 2014 it's possible the feds might link it to you in 2023, or whenever they get around to it.